Pi Network Continues to Outperform: How High Can Pi Coin Spike With Binance Listing?

Pi Network has been outperforming the crypto market just weeks after its Open Mainnet launch. The digital currency has quickly climbed the ranks among established cryptocurrencies. It has also been getting the attention of many.

Pi coin is currently trading at a price of $1.7 with a 5% price increase in the last 24 hours. This rapid growth has pushed Pi to over $12B market capitalization just three weeks after its Open Mainnet launch, demonstrating the excitement and strength of the Pi Network community.

The digital currency has already secured the 11th position on CoinMarketCap, placing it behind established cryptocurrencies such as USDC, ADA, DOGE, TRX, LEO, LINK, and HBAR. This achievement in such a short timeframe has many Pi holders optimistic about its future trajectory.

Analyst Sees Binance and Coinbase Listings as Potential Game Changers

The current performance of Pi is even more impressive considering its limited exchange availability. According to unrealbaker, Pi has achieved its $12 billion market cap and 11th place ranking while being listed exclusively on OKX among major centralized exchanges.

The analyst points out that this limited availability suggests significant untapped potential. “Imagine if exchanges like Upbit, Binance, Coinbase or Crypto.com listed Pi. That would be crazy,” notes unrealbaker.

The analyst highlights how additional exchange listings could dramatically increase Pi accessibility and potentially drive further price appreciation.

How High Can Pi Go Following a Binance Listing: An Analyst View

While Pi has already shown impressive performance, some market observers believe this could be just the beginning. According to GEM HUNTER, Pi is outperforming the entire cryptocurrency market even as major cryptocurrencies face downward pressure.

“The weekly Pi chart looks incredibly bullish. I’m expecting a move to $4 in the coming weeks,” states GEM HUNTER. The analyst emphasizes that while Bitcoin, Ethereum, Solana, and other major cryptocurrencies have been experiencing price declines, Pi has maintained its strength and upward momentum.

This resilience during broader market downturns has caught the attention of traders who are now comparing Pi’s performance charts against established cryptocurrencies like Bitcoin and Ethereum to visualize its bullish trajectory.

Read Also: SEC ‘Getting Ready to End’ XRP Case, Schedules Another Secret Meeting With Ripple

Potential Pi Spike to $5 or $10

Bitcoin Buddha sees Pi as unique in the crypto world, calling it “truly community owned.” He highlights the massive interest in getting Pi listed on Binance, with over 253,000 people voting for it. According to him, a Binance listing could send Pi’s price to $5-$10, though he warns the price might drop if the listing doesn’t happen.

Looking at Pi chart shows it breaking out of a downward trend, with the price trying to push above key resistance levels. Support levels sit around $1.24 and $0.89, with stronger support near $0.65. The next hurdles are at $2.00, then $3.00, before possibly reaching $5.00.

If Pi keeps breaking upward, it could reach $2.00 and possibly test $3.00-$5.00 if it gets listed on Binance. But if it fails to break through, it might fall back to $1.24 or even down to the $0.89-$0.65 range.

Pi is at a turning point right now. To confirm the upward trend, it needs to move strongly above $2.00. A Binance listing could be the boost that sends prices soaring, but traders should watch trading volumes and confirm the breakout before getting too excited.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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